Day 3
Reports & IndicesSkim2025-05-02
NITI Aayog Report on Enhancing MSME Competitiveness
What Happened
In May 2025, NITI Aayog and the Institute for Competitiveness released a blueprint to strengthen India's MSME sector. The report highlighted a significant credit gap, noting that only 19% of the MSME credit demand is currently met through formal channels. It recommended systemic reforms, including revamping the Credit Guarantee Fund Trust, to boost their global competitiveness.
Why It Matters
Addressing the severe credit shortage and integrating MSMEs into global value chains is critical for driving inclusive economic growth and expanding India's export capabilities.
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